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Chapter One: Factors That Affect Productivity in the Economy


Published October 28, 2020

With the appropriate policies, the American economy can return to rapid growth. Economic growth increases when more people work more productively. However, growth has slowed as productivity and hours worked have fallen. Returning to a robust economy will require policies that invest in physical capital and increase productivity.

Interested in attending the Hoover Institution Summer Policy Boot Camp? Click here for more information.

Discussion Questions

  1. How can we encourage productivity among workers?
  2. What are some examples of technology that have improved productivity among workers?

Additional Resources

  • Read Michael Boskin’s chapter “A Blueprint for Tax Reform” in Blueprint for America here.
  • You can find the rest of Blueprint for America here.
  • For more from Michael Boskin on marginal tax rates, click here.